ITC Hotels Demerger: Record date announced
- Posted on December 18, 2024
- By Business News Today
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ITC Hotels Demerger: Record date announced
ITC Ltd. has finalized January 6, 2025, as the record date for the demerger of its hotels business, ITC Hotels Limited. The demerger, effective January 1, 2025, follows approvals from NCLT, shareholders, and CCI. ITC will retain 40% ownership, while existing shareholders will receive the remaining 60%.
